Greenspan Warns Subprime Woes Could Spread
Former Federal Reserve Chairman Alan Greenspan said on Thursday there was a risk that rising defaults in subprime mortgage markets could spill over into other economic sectors. In a wide-ranging question-and-answer session at the Futures Industry Association meeting, Greenspan conceded it was "hard to find any such evidence" about spillover from stressed mortgages, but: "You can't take 10 percent out of mortgage originations without some impact."
http://www.truthout.org/docs_2006/031607N.shtml
http://freepage.twoday.net/search?q=Greenspan
http://freepage.twoday.net/search?q=mortgage+market
http://freepage.twoday.net/search?q=subprime+woes
http://www.truthout.org/docs_2006/031607N.shtml
http://freepage.twoday.net/search?q=Greenspan
http://freepage.twoday.net/search?q=mortgage+market
http://freepage.twoday.net/search?q=subprime+woes
rudkla - 16. Mär, 15:15
